Replies to post #734036 on Fannie Mae-No Politics (FNMA)

[kthomp19]

The public it serves is Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

Nope, wrong again. We have already been over this, see point #8.

The quote that proves you wrong is on page 2 of the Supreme Court's Collins opinion:

(a) The Recovery Act grants the FHFA expansive authority in its
role as a conservator and permits the Agency to act in what it deter-
mines is “in the best interests of the regulated entity or the Agency.”
§4617(b)(2)(J)(ii) (emphasis added). So when the FHFA acts as a con-
servator, it may aim to rehabilitate the regulated entity in a way that,
while not in the best interests of the regulated entity, is beneficial to
the Agency and, by extension, the public it serves.

It plainly says that the NWS is "not in the best interest of the regulated entit[ies]" but "is beneficial to ... the public it serves."

That means the "public" here is absolutely NOT the companies. The Supreme Court made that very clear.